iShares Ethereum Trust ETF Target of Unusually High Options Trading (NASDAQ:ETHA)

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw unusually large options trading activity on Thursday. Traders acquired 240,692 call options on the stock. This represents an increase of 50% compared to the average volume of 160,163 call options.

iShares Ethereum Trust ETF Price Performance

Shares of ETHA stock traded up $0.95 on Thursday, hitting $19.00. The stock had a trading volume of 41,125,796 shares, compared to its average volume of 35,970,402. iShares Ethereum Trust ETF has a twelve month low of $11.52 and a twelve month high of $36.04. The company has a fifty day moving average price of $14.75 and a two-hundred day moving average price of $15.32.

iShares Ethereum Trust ETF’s stock is scheduled to reverse split on Tuesday, October 6th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, October 5th.

Institutional Investors Weigh In On iShares Ethereum Trust ETF

Large investors have recently modified their holdings of the business. Colonial Trust Advisors bought a new position in iShares Ethereum Trust ETF in the fourth quarter valued at approximately $25,000. Golden State Wealth Management LLC bought a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter worth approximately $26,000. Modus Advisors LLC bought a new stake in shares of iShares Ethereum Trust ETF during the 4th quarter worth approximately $30,000. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the 4th quarter valued at approximately $30,000. Finally, Ancora Advisors LLC acquired a new stake in shares of iShares Ethereum Trust ETF in the 3rd quarter valued at approximately $36,000.

About iShares Ethereum Trust ETF

The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.